“The capitalist view of development is coupled with a transition from traditional society and culture to a ‘modernized’ one through which traditional beliefs and practices are required to be replaced by modern, secular values, and ‘techno-culture’. On the contrary, Islam rejects the secular concept of divide between ‘sacred’ and ‘profane’ and duality in ‘religious’ and ‘worldly’ affairs. It looks on life holistically, especially its socio-economic and political aspects.”

In the wake of prolonged global recession and the movement to occupy the Wall Street, the Institute of Policy Studies Islamabad (IPS) organized a seminar on “Current Crisis of Capitalism”, which was addressed by leading experts on economics including Senator Professor Khurshid Ahmad.

Many scholars classify the Islamic World into six cultural zones: the Arab world; sub-Saharan Africa; the Turkish zone, including Central Asia and even central Europe; the Persian Gulf; South Asia; and Southeast Asia or the Malay zone

In Islam, the conditions for use of force are clearly laid down and Muslims can resort to it only in strict compliance with defined moral principles. The view that Islam views all non-Islamic territories as enemies is not true.